Dominique Strauss-Kahn, managing director of the International Monetary Fund, said the global economy is not "out of the woods", although developing countries are recovering more quickly than previously forecast. "You see growth resuming almost everywhere but that almost everywhere these growth figures are related to public support and private demand remaining rather weak and not strong enough," Strauss-Kahn said. "Until private demand is sustainable to provide growth, it will be difficult to say the crisis is over."

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